Earth observation · ISS Expedition 25
Tracking the trends shaping space infrastructure, asset finance, and the commercial space economy.
SpaceX's anticipated public offering — likely via a Starlink spin-off — could redefine how public markets price space infrastructure. With valuations exceeding $350 billion, the listing would create new benchmarks for satellite and launch service companies worldwide.
A new generation of companies is developing in-orbit servicing capabilities — from refuelling to life extension. These technologies are changing the economics of satellite ownership, transforming fixed-lifespan assets into maintainable infrastructure.
While satellites capture headlines, the ground segment — teleports, gateways, and antenna networks — represents the backbone of the space economy. The $106 billion ground segment market is entering a service-driven era, with Ground Station as a Service models reshaping how operators access terrestrial infrastructure.
Orbital slots and frequency allocations have become among the most strategically valuable assets in the space economy. Regulatory frameworks governing these rights are shaping investment decisions worth billions.
The €350bn+ global aircraft leasing market — €145bn of it Irish-domiciled — offers a compelling blueprint for space asset finance. The parallels in asset standardisation, residual value modelling, and operator credit assessment are striking.
Growing regulatory pressure around orbital debris is making sustainability a material factor in satellite financing and insurance. Operators designing for end-of-life compliance are finding preferential terms.
Our Space Economy Primer covers everything from orbital mechanics to satellite subsystems to why leasing makes sense.
Read the Primer →